WAPP plans second phase of regional electricity market
The West African Power Pool says the second phase of its regional electricity market is expected to be launched early next year to boost power supply. Read More: https://punchng.com/wapp-plans-second-phase-of-regional-electricity-market/
The West African Power Pool (WAPP) plans to launch the second phase of its regional electricity market in early 2023, according to a recent meeting of the WAPP Executive Board in Lomé, Togo. The initiative aims to strengthen cross-border electricity trading and improve power supply across the sub-region. WAPP Secretary-General Abdoulaye Dia highlighted the organization's efforts to implement institutional strengthening guidelines and operationalise the independent system and market operator, which includes functional and accounting unbundling and an orderly transition.
The second phase of the regional electricity market will be supported by sound legal, institutional, and financial frameworks to protect the interests of the organisation and its members, according to WAPP Chairman Sule Abdulaziz.
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